Commodity Prices

Gold •796 days	2,368.70	+35.30	+1.51%
Platinum •20 mins	1,852.60	+26.60	+1.46%
WTI Crude •11 mins	92.09	+0.61	+0.67%
Gasoline •11 mins	3.225	+0.010	+0.32%
Ethanol •797 days	2.161	+0.000	+0.00%
Silver •796 days	30.82	+1.16	+3.92%

Silver • 796 days	30.82	+1.16	+3.92%
Copper • 796 days	4.530	+0.111	+2.51%
Brent Crude • 11 mins	96.92	-0.08	-0.08%
Natural Gas • 11 mins	2.886	-0.089	-2.99%
Heating Oil • 11 mins	4.550	+0.010	+0.22%

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EUR/USD: Recent Fall From 1.3400 Seen as Corrective

By - Aug 15, 2013, 6:04 AM CDT

EUR/USD is deemed to be in the midst of a corrective phase off the recent 1.3400 high. A sustained break back under 1.3190 (02/08/2013 low) is required to dampen our expectations of an eventual return to the August high and then onto 1.3417 (19/06/2013 high).

If a retest, or break over, 1.3417 can be achieved, the region between this key high and the annual high is expected to see a fair degree of resistance and is likely to offer a reasonable short entry opportunity.

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